VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/22/13 — Banks Island Gold Ltd. (TSX VENTURE: BOZ) (the "Company") announces that it has received assay results from the Yellow Giant Gold Project located near Prince Rupert, BC.Diamond drilling at the Kim Zone was focused on definition drilling and expansion of the current Inferred Resource. The diamond drilling results being reported were targeted to expand current inferred mineral resource at the Kim Zone at depth.The Kim Zone was
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/02/13 — Banks Island Gold Ltd. (TSX VENTURE: BOZ) (the "Company") announces that it has received assay results from the Yellow Giant Gold Project located near Prince Rupert, BC.Diamond drilling at the Kim Zone is focused on definition drilling and expansion of the current Inferred Resource. Assay results for thirteen holes additional holes have been received. Diamond drilling was completed at section spacing of 20m to follow up on r
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/30/13 — Banks Island Gold Ltd. (the "Company") (TSX VENTURE: BOZ) announces that Mr. Wolf Nickel, P.Eng, has been appointed as the Chairman of the Board of Directors of the Company.Mr. Nickel is recently retired from a distinguished career with Teck Resources Ltd. and Cominco Ltd. spanning a total of 35 years. In his most recent position Mr. Nickel served as President and General Manager of Highland Valley Copper, Canada-s largest o
– Banks Island Gold to commence underground bulk sample program in September 2013. – Dense Media Separation Plant complete and prepared for transit to Banks Island. – Shipment of Gold concentrates to commence in fourth quarter of 2013. – Receipt of US$2,000,000 Advance Concentrate Payment.
– Banks Island Gold completes Offtake Agreement for sale of Yellow Giant gold concentrates – Offtake Agreement includes advance payments of $6,000,000 in 2013. – Initial $2,000,000 advance payment to be received by July 26th 2013.
– High grade gold intersections at the Kim Zone over significant widths – Intersection of mineralization 125m below current resource at Bob Zone
– Property Payment on Red Mountain deferred to January 15th 2014. – Diamond Drilling program at Red Mountain commencing in June. – Engineering and Environmental Studies planned to bring Red Mountain to a production decision.
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/09/13 –Banks Island Gold Ltd. (TSX VENTURE: BOZ) (the "Company") is pleased to report an update of its recent developments, activities, and exploration plans for the Yellow Giant Gold Property, located on Banks Island, British Columbia.The Company is actively exploring and developing the Yellow Giant Property. The Company is basing its operations from a 35man floating camp anchored in Wreck Bay. The road building and earthworks requir
– Banks Island Gold Maintains 100% ownership of Yellow Giant. – Aggressive, fully funded exploration program to commence at Yellow Giant. – Permit Application submitted for 200tpd underground mine at Yellow Giant.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/06/13 — Banks Island Gold Ltd. (TSX VENTURE: BOZ) (the "Company") reports that as a result of a review by the British Columbia Securities Commission (BCSC), the Company is issuing the following news release to clarify our disclosure.The Company is now filing amended technical reports on its Banks Island (Yellow Giant) and Red Mountain properties. An amended Banks Island report was required to carry forward a previous Preliminary Econ
